Universities 'Manage Intellectual Property'

Universities can now access a new tool to help develop and manage their intellectual assets.

The Intellectual Property Office (IPO) has today launched a strategy guide called ‘Intellectual Asset Management for Universities’.

The new guide provides advice and information to universities to help them understand how they can best use their institution’s intellectual property (IP). This can be an invention, trade mark, original design or the application of a good idea.

Income generated through the commercial use of intellectual property rights can be worth millions of pounds. In 2009/10 £84 million was generated directly from IP at universities.

Launching the guide, Minister for Intellectual Property Baroness Wilcox said: “The guide will help universities maximise the benefits of their intellectual assets, which in turn will support the economic growth of the UK. The Government is committed to providing the best opportunities for young inventors, providing them with a strong basis on which they can turn their ideas into reality.

“It is now more important than ever for university leaders to think strategically about how to best to protect and effectively use their intellectual assets. This guide will help each institution seize the opportunity to use their intellectual property to secure maximum benefit for the economy and society.”


Related UK National News Stories
Click here for the latest headlines.

28 June 2013
New Unit To Tackle Online Piracy
A new police unit has been announced that will seek to tackle intellectual property crimes such as online piracy and counterfeit goods. Intellectual Property Minister, Lord Younger and City of London Police Commissioner, Adrian Leppard launched the unit today. The government claims it will be one of the first units of its kind in the world.
08 December 2011
Intellectual Property Chief Appointed To China Despite Scandal
The Government has appointed its first ever Intellectual Property official to China despite an ongoing scandal into powerful lobbyists influencing its dealings with the Chinese Government.
21 September 2011
UK Designers 'Should Help Identify Growth Potential'
The Government today launched a call for evidence on how the UK intellectual property system can better support our globally successful design industry.
08 July 2011
Protected Investment In UK Businesses Worth £65bn Per Year
Reports published today show that investments made by businesses in products and services that are protected by intellectual property rights (IPRs) are worth £65 billion a year. The announcement was made by Minister for Intellectual Property, Baroness Wilcox.
13 June 2011
Fast Changing Face Of Pinewood In Focus
A Government Minister has been getting an update on the world of film and television. Baroness Wilcox, the Minister for Intellectual Property, took centre stage at Pinewood Studios this week to discover how changing technologies are affecting the industry and what the UK Government can do to help the sector's economic growth.